The layoffs just keep coming...
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US just got hit friday. Many key people with years of in-depth knowledge to the accounts were let go. I don't think the company knows what direction they are headed in.
We don't need to be disrespectful to workers in India, the blame for all this BS is squarely on the shoulders of our "leaders" and the poor decisions they make without regard to people and their lives. They want to model themselves as the next great "tech" company but those companies actually employ the right work force and treat the people who make them great with fairness and respect. That seems to be lost to Conduent, and that's where we should put the blame.
Funny how the call centers are the only things that should have gone to India, for 24 hour support, and not IT, which they can't handle at US working hours and their low knowledge of things. I know for a fact, most in India get their diplomas from Corn Flakes boxes and Mickey Mouse Universities.
ok
Making up numbers on the books to inflate the stock price, making "investors" happy... that's such a stupid movement to show nice numbers in the short term. But in the long term this is going nowhere. What about the brand, the service and the expertise...
Someone will be betting on zero, sacrificing bulls, sheeps and pigs..
Meanwhile hundres of families being affected in US, Guatemala and other countries. Such a great job Mr. CEO!!, you defenitly deserve your juicy bonus. big round of applause, as you are creating value out of nothing. And btw the performance review, what a joke!
The logic is simple. More cheap dumb is better.
When you can hire 8 Indians with an I.Q. of 70 each for $5 an hour you get a whopping 14
I.Q. points per $ spent as opposed to paying 1 U.S. worker with an average I.Q. of 100
$40 an hour, you only get 2-1/2 I.Q. points per $ spent.
That is over a 5 fold difference!
The solution is to remove the U.S. Child Labor laws and allow our 4th graders to compete
with the foreign slave labor. They'd probably give current mid level managers (and above) a run for their money too.
Worst case is they'd also be unable to explain why they couldn't get the job done, but
at least you'd be able to understand what they said.
The next wave is US sometime in May, deep cuts to continue the move to India, no plan on how 24/7 support would work and they keep saying we are moving to an IT first company.. you can’t be an IT company when top resources are being fired or leaving... just in Guatemala they fired two Microsoft MVP with plus 10 years of experience to be replace by junior resources in India...
From what HR told us yesterday, there will be 3 waves of lay offs in Guatemala. The first being on june 01, the second one on june 29 and they didnt told us about the third one, but I guess it just a matter of who is left at that point.
From corporate, they'll be moving all IT operations to India... So probably they'll close entire sites over here in the next couple of months.
Some are closing but a full closing is different. Very sad watch a lot of people being laid off....
I find hard to believe Guatemala is closing, maybe for some areas..
Guatemalan offices will close eventually. Positions going to India. US and DR will be hit too soon.